EURD is a regulated, programmable E-Money Token, fully backed by euro on a trusted bank account managed by the Quantoz Foundation.
Quantoz Payments is prudentially supervised by the Dutch Central Bank (DNB) under an Electronic Money Institution (EMI) license. This license allows Quantoz Payments to issue regulated digital euros on the blockchain.
Quantoz Payments is incorporated in the Netherlands and a 100% daughter company of Quantoz N.V.
EURD enables efficient and compliant settlement of payments. EURD was designed to meet the requirements of emerging new business models such as the Internet of Things, DeFi, or Web3.